Merck KGaA Targets 20% Reduction in CO2 Emissions by 2020 (update)

4:38 AM MDT | August 3, 2009 | Deepti Ramesh

Merck KGaA says that it has set new climate protection targets for its global pharmaceutical and chemical operations. The company aims to reduce its global (direct and indirect) carbon dioxide (CO2) emissions by 20% by the year 2020, measured against the 2006 level. Merck says it is also expanding the measurement scope with respect to the reduction of pollutant emissions. Only direct emissions were taken into account until now. Direct emissions are those emissions that a company releases by burning fossil fuels for steam or power generation, or through the...